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Understanding 9/1110-8 Leveraging: Are Tax Audits on the Way?
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Episode 8
Did they get you to trade your heroes for ghosts?
--- Pink Floyd, Wish You Were Here
Since early December 2008, there's been concern about potential audits of 10-8 insured leveraging strategies by the Canada Revenue Agency (CRA). These strategies --- the last major innovation in insured tax planning --- turbocharge the perennial top 5 insured strategies by adding the advantages of financial leveraging while reducing the risks. And create tax deductions.
Other names: 10/8, 8/10, 10-8, 8-10
This podcast accompanies a blog post on Riscario Insider:
http://blog.riscario.com/2009/03/10-8-leveraging-are-tax-audits-on-way.html
Did they get you to trade your heroes for ghosts?
--- Pink Floyd, Wish You Were Here
Since early December 2008, there's been concern about potential audits of 10-8 insured leveraging strategies by the Canada Revenue Agency (CRA). These strategies --- the last major innovation in insured tax planning --- turbocharge the perennial top 5 insured strategies by adding the advantages of financial leveraging while reducing the risks. And create tax deductions.
Other names: 10/8, 8/10, 10-8, 8-10
This podcast accompanies a blog post on Riscario Insider:
http://blog.riscario.com/2009/03/10-8-leveraging-are-tax-audits-on-way.html
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